PSI Oklahoma Real Estate Practice Test

What is a provisional sales associate allowed to do?

1. Conduct open houses independently

2. Enter into an agreement in the name of the real estate broker

3. Manage a brokerage firm

4. Negotiate commissions on behalf of buyers

The correct answer is: Enter into an agreement in the name of the real estate broker

A provisional sales associate operates under the supervision of a licensed broker and is only permitted to perform certain activities as outlined by the Oklahoma Real Estate Commission. They are not fully licensed agents; their actions are limited to what their supervising broker allows. Entering into an agreement in the name of the real estate broker is consistent with the roles and responsibilities of a provisional sales associate. This means they can assist in transactions and sign agreements, but only if the broker consents and is ultimately responsible for the agreements made. This oversight ensures that the licensed broker is still in control of the real estate activities, maintaining consumer protection and compliance with state law. In contrast, conducting open houses independently would exceed the scope of authority as a provisional sales associate since this requires direct supervision. Managing a brokerage firm is a role typically reserved for fully licensed brokers with extensive experience and qualifications. Negotiating commissions on behalf of buyers involves financial negotiations that are usually reserved for more experienced and licensed professionals, as it requires a deeper understanding of real estate laws and regulations.